eXp World Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-22.71	-21.27	-8.97	15.44	81.22
Depreciation & Amortization	9.56	10.29	10.89	9.84	6.25
Loss (Gain) From Sale of Assets	-	0.27	0.47	0.36	-
Asset Writedown & Restructuring Costs	-	4.93	-	-	-
Loss (Gain) on Equity Investments	0.28	1.17	1.39	1.62	0.19
Stock-Based Compensation	142.98	156.52	189.14	209.41	182.03
Provision & Write-off of Bad Debts	1.1	-0.62	-1.71	1.82	0.32
Other Operating Activities	0.89	-6.47	-2.51	-15.72	-54.2
Change in Accounts Receivable	-21.1	-1.7	3.47	44.94	-56.86
Change in Accounts Payable	4.14	1.69	-1.49	2.43	3.17
Change in Other Net Operating Assets	3.48	46.71	9.25	-59.6	84.77
Operating Cash Flow	118.61	191.51	209.13	210.54	246.89
Operating Cash Flow Growth	-38.07%	-8.42%	-0.67%	-14.73%	106.33%
Capital Expenditures	-9.57	-6.48	-5.36	-12.05	-13.42
Cash Acquisitions	-	-6.15	-	-9.91	-2.5
Divestitures	-	-	0.33	-	-
Sale (Purchase) of Intangibles	-0.66	-1.39	-2.59	-	-
Investment in Securities	-13.25	-5.45	-5.88	-0.5	-3
Investing Cash Flow	-23.47	-19.47	-13.5	-22.46	-18.92
Issuance of Common Stock	0.43	2.01	4.98	0.61	3.62
Repurchase of Common Stock	-56.2	-141.12	-160.55	-179.47	-172.02
Common Dividends Paid	-30.77	-30.1	-28.52	-25.23	-11.55
Other Financing Activities	-	-1.17	-	-0.42	0.02
Financing Cash Flow	-86.54	-170.38	-184.09	-204.51	-179.92
Foreign Exchange Rate Adjustments	4.27	-2.97	-0.04	-0.09	-0.06
Net Cash Flow	12.88	-1.31	11.5	-16.53	47.99
Free Cash Flow	109.04	185.03	203.77	198.48	233.47
Free Cash Flow Growth	-41.07%	-9.20%	2.66%	-14.99%	106.20%
Free Cash Flow Margin	2.28%	4.05%	4.77%	4.32%	6.19%
Free Cash Flow Per Share	0.69	1.20	1.30	1.27	1.48
Cash Income Tax Paid	4.6	2.69	2.73	3.41	1.33
Levered Free Cash Flow	116.49	201.82	199.85	235.6	189.22
Unlevered Free Cash Flow	116.49	201.82	199.85	235.6	189.22
Change in Working Capital	-13.48	46.69	11.23	-12.24	31.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.